Catalog
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| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Waterlow & Sons Limited, London |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banco Nacional Ultramarino Sede em Lisboa Esc. 1.000$00 Cheque No 20238 U - Serie C S. Tomé Pague contra este original de cheque (não o tendo feito pelo duplicado) à ordem de PORTADOR a quantia de MIL ESCUDOS Ao Banco Nacional Ultramarino S. TOME P.P. Banco Nacional Ultramarino ORIGINAL |
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| Protection type | Embossed seal |
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| Comments |
Banco Nacional Ultramarino occupied an unusual position in Portuguese colonial finance — it was a private bank granted government concession rights to issue currency across multiple overseas territories simultaneously, meaning the same institution was printing money for Angola, Mozambique, Cape Verde, and others at different points in its history. This 1947 note falls into its mature colonial-issue period, when Waterlow & Sons were the dominant supplier for BNU's higher denominations.
Waterlow's contract work for colonial issuers was extensive through the 1940s, though the firm's reputation had been permanently shadowed by the 1925 Portuguese escudo forgery scandal — a separate but hard-to-ignore footnote whenever Waterlow and Lusophone currency appear together.